Feds’ move may mean a bump in firms’ COBRA audits
The latest move by the IRS suggests an increase in audits of employers’ COBRA procedures may be on tap in the very near future.
The agency just released its revised audit guidelines for its COBRA investigators, and many believe that means the IRS has plan to ramp up its audit program soon.
The most recent IRS guidelines take into account changes to HIPAA regulations, as well as recent FMLA changes.
So employers will probably want to look over the new guidelines, which include a general overview of the COBRA guidelines, limitations and certain exceptions to the regs and the penalties associated with them.
You can view the complete IRS guidelines here. Some of the highlights of new COBRA audit guidelines include:
- Details about the IRS’s COBRA enforcement strategy and specific examples of compliance violations
- A list of documents auditors will request during a COBRA audit, and
- A list of interview questions auditors will ask to determine non-compliance.
- Share on
Free Training & Resources
White Papers
Provided by Anaplan
Webinars
Provided by Yooz
Further Reading
A California judge recently approved a $43.25 million settlement resolving a class-action lawsuit alleging that The Walt Disney Company vio...
You have great well-being benefits. So why don’t employees use them to the max? Nearly 80% of employees have access to well-being ...
This week, the U.S. Supreme Court begins hearing two appeals – one concerns a 40-year-old precedent that favors federal regulatory ag...
Private and public employers will want to reconsider imposing a vaccine mandate the next time a public health crisis occurs. A federal cour...
With benefits costs climbing and new laws like SECURE 2.0 adding complexity, viewing employee benefits as a simple fixed cost is an outdate...
If your employer plans to contribute to Trump Accounts, payroll has until July 4, 2026, to get it right. Coding errors made at setup create...
